Encouraging Reasons to Invest in Real Estate in Turkey

Turkey's strategic location, historical significance, and rich geographic diversity have played a prominent role in making the real estate sector in Turkey one of the most attractive investment destinations for investors worldwide, especially in recent years. This has coincided with the renaissance Turkey has witnessed on all levels, which has greatly reflected positively on its real estate market through the rise in construction quality, modernity, and luxury standards.

Reports and studies concerned with the global real estate sector have indicated that Turkey is considered one of the best destinations for real estate investment in the world, based on the sustainability of investment value and other factors and standards that numbers have proven the Turkish real estate market to possess at their best.

Today, we present some of the information included in one of the most important reports specializing in real estate markets in Turkey, the report issued by the Real Estate Investors Association (GYODER) platform in cooperation with Colliers International, titled: "Real Estate Investment in Turkey, A Look at Comparative Markets."

The third edition of the report was released a few days ago, aiming to present the prospects of real estate investment in Turkey to companies and investors, raise their awareness, and provide the information they may need to start real estate investment in Turkey. Here is some of what was mentioned in the report:

Advantages of Investing in Turkish Real Estate

The report conducted a statistical study on the investment returns of investments in the Turkish real estate sector, by comparing the Istanbul real estate market in particular with many comparable real estate markets. In response to the question "Why the Turkish real estate market," the report stated that the most important reasons making the real estate sector in Turkey one of the best investment destinations are its prestigious rank among the world's top eighteen economies, and that by 2050 it will be among the world's top fifteen economies.

Read our article also about the strengths and weaknesses of the Turkish economy and its global ranking.

The report also mentioned that Turkey is a country with a unique central location, especially Istanbul; Istanbul has the ability to conduct direct flights to 400 destinations worldwide, and from it, you can reach 22 global capitals with direct flights not exceeding two hours. Additionally, there is a significant influx of tourists from all over the world visiting Turkey, which reached its peak in the past two years and started the new year with record-breaking numbers during the first two months of 2020.

We offer special deals for those wishing to own property in Turkish real estate, learn more about them.

Real Estate Investment in Turkey Istanbul - Achieved Returns

The report indicated that Istanbul has started to achieve advanced ranks in its competition with major real estate markets, achieving record numbers in terms of increasing the investment value of its properties, especially in recent years. Various real estate indicators have shown that commercial and residential properties in Istanbul have witnessed a significant rise in investment value after the Istanbul real estate market experienced strong movement both domestically and internationally.

Other important information and topics, discover them:

1. Apartment prices in Istanbul in dollars, Turkish lira, and Saudi riyal.
2. Umraniye district in Istanbul - detailed information
3. Obtaining Turkish citizenship.

Source: Emlak Kulisi

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